_____ Is a Combination of Strategies Developed to Reduce the Costs

question 48

Multiple Choice

_____ is a combination of strategies developed to reduce the costs of chronic conditions that require significant changes in behavior.

• A) Wellness initiative
• B) Health administration
• C) Disease management
• D) Chronic cost initiative

Identify the difference between entrepreneurs and small-business owners.

Understand the challenges and risks involved in entrepreneurship.

Recognize the global perspective of entrepreneurship and its economic significance.

Understand the importance of social media and international sales for entrepreneurs.

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Definitions:

Comcast

An American telecommunications conglomerate that is one of the largest broadcasting and cable television companies in the world, offering services such as video, high-speed internet, and phone over its cable networks.

Moral Hazard

A situation in policy and economics where one party is more inclined to take risks because the negative consequences of those risks will be borne, at least in part, by others.

Pre-contractual Problem

Issues that arise before a contract is finalized, often related to information asymmetry or negotiating terms.

Post-contractual Problem

Issues or disputes that arise after a contract has been signed and during its execution period.